The Pandemic Flight of Wealthy New Yorkers Was a Once-in-a-Century Shock

New tax data reveal a steep population loss in 2020, toward the start of the pandemic. The exodus was temporary, but how much of its effects could be permanent?

#census, #immigration-and-emigration, #income-tax, #new-york-city, #population, #relocation-of-business, #telecommuting

Musk to Attend Twitter All-Hands Meeting

Musk will attend a virtual all-hands meeting as his $44 billion acquisition of the company moves ahead, despite his hand-wringing about bots.

#abbott-laboratories, #appointments-and-executive-changes, #arm-holdings-plc, #artificial-intelligence, #biden-joseph-r-jr, #blackstone-group-the, #celsius-network-llc, #citigroup-inc, #computers-and-the-internet, #crown-resorts-ltd, #environmental-protection-agency, #federal-reserve-system, #infant-formulas, #interest-rates, #internal-storyline-no, #layoffs-and-job-reductions, #musk-elon, #regulation-and-deregulation-of-industry, #relocation-of-business, #social-media, #united-states, #workplace-hazards-and-violations

Who Will Repair Their Birkins Now?

Artbag, the Madison Avenue shop that socialites and celebrities have trusted to restore their chic handbags for 90 years, is closing.

#artbag-creations-inc, #black-people, #content-type-personal-profile, #coral-springs-fla, #handbags-and-purses, #new-york-city, #relocation-of-business

Seeking a Return to Offices, Bosses Lost Leverage

Employer plans have played out like a game of chicken. Now workers are rebelling outright, and executives are trying everything to make the office worth it.

#coronavirus-return-to-office, #relocation-of-business, #telecommuting, #work-life-balance, #workplace-environment

N.Y.C. Companies Are Opening Offices Where Their Workers Live: Brooklyn

As workers return to the office, some companies have relocated to ease the commute.

#adams-eric-l, #brooklyn-nyc, #commuting, #coronavirus-return-to-office, #hochul-kathleen-c, #manhattan-nyc, #real-estate-commercial, #relocation-of-business, #renting-and-leasing-real-estate, #two-trees-management

Vacationers Turned the Hamptons Into a Year-Round Home. Business Followed.

The operators and owners of businesses that have expanded or opened new locations in the summer resort towns talked about why they made the move.

#amagansett-ny, #bridgehampton-ny, #douglas-elliman-real-estate, #east-hampton-ny, #hamptons-ny, #health-insurance-and-managed-care, #long-island-ny, #montauk-ny, #new-york-university-langone-health, #quarantine-life-and-culture, #real-estate-commercial, #real-estate-and-housing-residential, #relocation-of-business, #southampton-ny, #summer-season, #weill-cornell-medical-college, #westhampton-ny

The Era of Cheap and Plenty May Be Ending

Supplies of goods are coming up short in the pandemic, and prices have jumped. Some economists warn that the changes could linger.

#economic-conditions-and-trends, #factories-and-manufacturing, #goodhart-charles, #inflation-economics, #international-trade-and-world-market, #labor-and-jobs, #okonjo-iweala-ngozi, #powell-jerome-h, #prices-fares-fees-and-rates, #relocation-of-business, #supply-chain, #united-states-economy, #yellen-janet-l

When the Textile Industry Was Forced Out of the Textile Building

Companies may have lost their showroom hub, but low rents in Midtown, caused by the pandemic, allowed many of them to relocate.

#carpets-and-rugs, #fifth-avenue-manhattan-ny, #historic-buildings-and-sites, #international-trade-and-world-market, #manhattan-nyc, #real-estate-commercial, #relocation-of-business, #renting-and-leasing-real-estate, #textiles

Russian Tech Industry Faces ‘Brain Drain’ as Workers Flee

Since their country invaded Ukraine, Russian tech workers have left by the thousands. They appear intent on rebuilding their lives and businesses in other countries.

#computers-and-the-internet, #embargoes-and-sanctions, #immigration-and-emigration, #kroshkina-dasha, #latvia, #mishustin-mikhail-v, #pachikov-stepan, #relocation-of-business, #russia, #russian-invasion-of-ukraine-2022, #science-and-technology, #siniushin-konstantin, #software, #start-ups, #studyfree, #yerevan-armenia

An E-Commerce Site for Ukrainian Fashion

Angel for Fashion hopes to bring Ukrainian designs to customers all over the world — except Russia.

#angel-for-fashion, #e-commerce, #fashion-and-apparel, #relocation-of-business, #russia, #russian-invasion-of-ukraine-2022, #sidary-jen, #ukraine

Need an Engraved Tombstone? It Could Be a Long Wait.

Supply chain issues are affecting the few memorial businesses left in New York, a former hub for the ‘old-world craft.’

#3m-company, #lower-east-side-manhattan-ny, #monuments-and-memorials-structures, #new-york-city, #relocation-of-business, #rock-and-stone, #shortages, #supply-chain

To Fill Empty Retail Space, Landlords Tap Doctors and Dentists

Health care providers are increasingly opening offices and clinics in street-level storefronts, malls and shopping centers, taking advantage of rents depressed by the pandemic.

#coronavirus-2019-ncov, #emergency-medical-treatment, #landlords, #mixed-use-developments, #real-estate-commercial, #relocation-of-business, #shopping-and-retail, #shopping-centers-and-malls

Spokane was the Next Affordable City. Now, It’s Too Expensive.

In Spokane, Wash., home prices jumped 60 percent in the past two years. The increase is fueled by buyers fleeing the boom in cities like Austin. Who will have to flee next?

#area-planning-and-renewal, #homeless-persons, #politics-and-government, #prices-fares-fees-and-rates, #real-estate-commercial, #real-estate-and-housing-residential, #relocation-of-business, #renting-and-leasing-real-estate, #spokane-wash, #united-states

Super Bowl’s Hollywood Moment Outshines N.F.L.’s Problems

Football saw its biggest star, Tom Brady, retire, new allegations of sexual harassment against a team owner, and a lawsuit that claimed the N.F.L. discriminates in its hiring. None of it seemed to matter on Sunday.

#flores-brian-1981, #football, #goodell-roger, #kroenke-stan, #los-angeles-calif, #los-angeles-chargers, #los-angeles-rams, #media, #national-football-league, #race-and-ethnicity, #relocation-of-business, #sexual-harassment, #snyder-daniel-m, #sofi-stadium-inglewood-calif, #television, #washington-commanders

The N.F.L. Widens Its Footprint in the Los Angeles Media World

The league’s new West Coast headquarters, in the shadow of SoFi Stadium, gives it a large footprint in the land of big media deals.

#athletics-and-sports, #culver-city-calif, #football, #kroenke-stan, #los-angeles-calif, #los-angeles-rams, #national-football-league, #nfl-films, #relocation-of-business, #television

Turkey’s Doctors Are Leaving, the Latest Casualty of Spiraling Inflation

Doctors, worn down by grueling hours and violence, are emigrating in rising numbers, undermining one of President Recep Tayyip Erdogan’s signature achievements.

#coronavirus-2019-ncov, #doctors, #erdogan-recep-tayyip, #finances, #germany, #health-insurance-and-managed-care, #hospitals, #justice-and-development-party-turkey, #labor-and-jobs, #relocation-of-business, #turkey, #wages-and-salaries, #workplace-hazards-and-violations

Warehouse Space Is the Latest Thing Being Hoarded

Logistics firms are finding new options to deal with a scarcity of storage, including building multistory facilities and choosing locations farther from coastal ports.

#coronavirus-2019-ncov, #e-commerce, #prologis-inc, #real-estate-commercial, #relocation-of-business, #stockpiling, #storage, #supply-chain, #trucks-and-trucking, #warehouses

Supply Chain Woes Prompt a New Push to Revive U.S. Factories

Companies are testing whether the United States can regain some of the manufacturing output it ceded in recent decades to China and other countries.

#america-knits, #coronavirus-2019-ncov, #factories-and-manufacturing, #international-trade-and-world-market, #labor-and-jobs, #relocation-of-business, #southern-states-us, #supply-chain, #united-states-economy

For U.K. Companies Brexit Meant Higher Costs and Endless Forms

While the worst of the Brexit trade disruptions are over, British exports to the European Union are down and companies are frustrated.

#customs-tariff, #europe, #european-union, #great-britain, #great-britain-withdrawal-from-eu-brexit, #international-trade-and-world-market, #prices-fares-fees-and-rates, #relocation-of-business, #shopping-and-retail

Bob Blitz Held the NFL to Task Over the Rams’ Relocation

How an N.F.L. insider turned into St. Louis’s best weapon against the league in the battle over the Rams’ relocation.

#blitz-bob-attorney, #content-type-personal-profile, #football, #goodell-roger, #inglewood-calif, #kroenke-stan, #los-angeles-calif, #los-angeles-rams, #national-football-league, #nixon-jay, #relocation-of-business, #st-louis-mo, #stadiums-and-arenas, #suits-and-litigation-civil

Relocation of Federal Agency Hurt Diversity, Watchdog Finds

A decision to move the Bureau of Land Management’s headquarters to Colorado caused staff to quit, according to a critical report.

#bureau-of-land-management, #colorado, #government-accountability-office, #interior-department, #race-and-ethnicity, #relocation-of-business, #united-states-politics-and-government

Shell Plans Shift to Britain, and Dropping ‘Royal Dutch’

The restructuring is meant to make the company more appealing to investors and make it easier to sell assets, the oil giant said.

#energy-and-power, #great-britain, #loeb-daniel-s, #netherlands, #oil-petroleum-and-gasoline, #relocation-of-business, #royal-dutch-shell-plc, #van-beurden-ben

Brexit Brain Drain Delivers Financial Boon to Estonia

The former Soviet satellite state is welcoming British companies looking to escape the tangle of regulations and financial obstacles of doing business in Europe.

#corporate-taxes, #england, #estonia, #european-union, #great-britain-withdrawal-from-eu-brexit, #income-tax, #kaja-kallas, #politics-and-government, #relocation-of-business

TriBeCa Gallery Guide: New York’s Most Vibrant Art Scene

The large-scale arrival of new and veteran dealers has given the neighborhood its first unifying theme in 60 years. Here are three walks with our critics, a springboard to explore.

#art, #bortolami-llc, #broadway-manhattan-ny, #chapter-ny-manhattan-ny, #cohan-james, #jdj-manhattan-ny-gallery, #kreps-andrew-gallery, #mother-beacon-ny-gallery, #ppow-manhattan-ny, #real-estate-commercial, #relocation-of-business, #tribeca-manhattan-ny, #zwirner-david

Hey Parler, Nashville Isn’t Turning Red

Nashville may be having an identity crisis. But our moral commitment to equality will never change.  

#nashville-tenn, #parler-llc, #presidential-election-of-2020, #relocation-of-business, #right-wing-extremism-and-alt-right, #social-media, #storming-of-the-us-capitol-jan-2021

As Big Tech Grows in the Pandemic, Seattle Grows With It

Despite an overall decline in office leasing in the United States, technology companies gobbled up more space in the Seattle area than they had the previous year.

#amazon-com-inc, #bellevue-wash, #computers-and-the-internet, #coronavirus-2019-ncov, #facebook-inc, #kirkland-wash, #labor-and-jobs, #quarantine-life-and-culture, #real-estate-commercial, #real-estate-and-housing-residential, #redmond-wash, #relocation-of-business, #renting-and-leasing-real-estate, #seattle-wash

When a Factory Relocates to Mexico, What Happens to Its American Workers?

“American Made,” by Farah Stockman, is a deeply reported account of three workers at a ball bearing plant in Indianapolis, as the factory closes down and they lose their jobs.

#american-made-what-happens-to-people-when-work-disappears-book, #books-and-literature, #factories-and-manufacturing, #labor-and-jobs, #relocation-of-business, #stockman-farah, #united-states-economy

Are Tesla and Texas a Perfect Match? It’s Questionable.

While its C.E.O., Elon Musk, and the state’s conservative lawmakers share libertarian sensibilities, they differ greatly on climate change and renewable energy.

#abbott-gregory-w-1957, #alternative-and-renewable-energy, #austin-tex, #automobiles, #batteries, #california, #electric-and-hybrid-vehicles, #energy-and-power, #law-and-legislation, #musk-elon, #politics-and-government, #regulation-and-deregulation-of-industry, #relocation-of-business, #silicon-valley-calif, #solar-energy, #tesla-motors-inc, #texas, #wind-power

Tech Jobs Are Everywhere Now

New data show that companies are increasingly hiring outside of places like Silicon Valley.

#coronavirus-2019-ncov, #internal-sub-only, #labor-and-jobs, #musk-elon, #relocation-of-business, #tai-katherine-1974, #telecommuting, #tesla-motors-inc, #urban-areas

Is Brooklyn Leading New York City Out of the Pandemic?

The emptying of Manhattan’s office districts has benefited Brooklyn neighborhoods where residents worked from home, testing the balance of power between the city’s boroughs.

#brooklyn-nyc, #brooklyn-chamber-of-commerce, #browser-the, #center-for-an-urban-future, #coronavirus-2019-ncov, #coronavirus-reopenings, #economic-conditions-and-trends, #new-york-city, #relocation-of-business, #small-business

California Could Throw Away What It’s Won

A crazy recall process could lead to repudiation of the state’s policy successes.

#california, #economic-conditions-and-trends, #elder-larry-1952, #elections-california-gubernatorial-recall-2021, #homeless-persons, #newsom-gavin, #real-estate-and-housing-residential, #relocation-of-business, #texas

Not ‘Bad Boys’ Anymore, the Pistons Just Want to Be Good Again

Detroit has the No. 1 overall pick in Thursday’s N.B.A. draft, the culmination of years of mediocrity. The team is banking on the top pick and a young core for revival.

#basketball, #cunningham-cade-2001, #detroit-pistons, #draft-and-recruitment-sports, #duggan-mike, #national-basketball-assn, #relocation-of-business, #rose-jalen, #securus-technologies-inc, #suggs-jalen-2001, #wallace-ben

Tech Workers Who Swore Off the Bay Area Are Coming Back

Critics said the pandemic would make the industry flee San Francisco and its southern neighbor, Silicon Valley. But tech can’t seem to quit its gravitational center.

#austin-tex, #bay-area-rapid-transit, #cisco-systems-inc, #computers-and-the-internet, #coronavirus-2019-ncov, #florida, #google-inc, #hewlett-packard-company, #musk-elon, #oracle-corporation, #real-estate-and-housing-residential, #relocation-of-business, #renting-and-leasing-real-estate, #san-francisco-calif, #silicon-valley-calif, #twitter

Office Vacancies Soar in New York, a Dire Sign for the City’s Recovery

Nearly 19 percent of all office space in Manhattan has no tenants — the highest on record — as companies shed leases and embrace remote work.

#coronavirus-2019-ncov, #coronavirus-reopenings, #economic-conditions-and-trends, #facebook-inc, #manhattan-nyc, #partnership-for-new-york-city, #real-estate-commercial, #relocation-of-business, #renting-and-leasing-real-estate, #telecommuting

The American Renaissance Has Begun

During the pandemic, Americans have been asking existential questions about their lives; now they are changing them.

#coronavirus-2019-ncov, #coronavirus-reopenings, #economic-conditions-and-trends, #entrepreneurship, #labor-and-jobs, #relocation-of-business, #united-states-economy, #venture-capital, #wages-and-salaries

Upended by the Pandemic, Haute Chefs Move Into Hotels

Hotels not necessarily known for fine dining are drawing award-winning chefs seeking opportunities for reinvention.

#austin-tex, #bailey-mashama-chef, #baja-california-mexico, #bloomfield-april, #cabo-san-lucas-mexico, #chefs, #coronavirus-2019-ncov, #crenn-dominique, #hotels-and-travel-lodgings, #izard-stephanie-chef, #kostow-christopher, #napa-calif, #ojai-calif, #quarantine-life-and-culture, #relocation-of-business, #restaurants, #san-francisco-calif, #san-jose-del-cabo-mexico, #silverton-nancy, #travel-and-vacations, #vongerichten-jean-georges, #washington-conn

Why Are Tech Companies Pretending to Be Governments?

The decision-making theatrics of Amazon, Facebook and other tech companies underscore the need for government to play a larger role.

#amazon-com-inc, #computers-and-the-internet, #facebook-inc, #regulation-and-deregulation-of-industry, #relocation-of-business, #social-media, #the-end-of-the-myth-from-the-frontier-to-the-border-wall-in-the-mind-of-america-book, #uber-technologies-inc

Liberals, Stop Getting Cozy With Corporations

Nobody, least of all people on the left, has anything to celebrate in the rise of activist industry.

#amazon-com-inc, #campaign-finance, #democratic-party, #georgia, #labor-and-jobs, #major-league-baseball, #mcconnell-mitch, #redistricting-and-reapportionment, #relocation-of-business, #republican-party, #senate, #state-legislatures, #strikes, #supreme-court-us, #texas, #united-states-politics-and-government

The Masters Is Business as Usual as Georgia Faces a Political Onslaught

Major League Baseball pulled its All-Star Game from the Atlanta area, but Georgia’s most cherished sporting event remains firmly rooted in the state.

#augusta-ga, #augusta-national-golf-club, #baseball, #black-people, #elder-lee, #georgia, #golf, #major-league-baseball, #manfred-robert-d, #masters-golf-tournament, #morikawa-collin-1997, #player-gary, #relocation-of-business, #rubio-marco, #southern-states-us

Kemp Lashes M.L.B. as Republicans Defend Georgia’s Voting Law

Gov. Brian Kemp of Georgia, who is starting his re-election push, argued that the league had “caved to fear” in moving its All-Star Game as he tried to rally Republicans around the new voting limits.

#abrams-stacey-y, #all-star-games, #boycotts, #georgia, #kemp-brian-p, #law-and-legislation, #major-league-baseball, #relocation-of-business, #republican-party, #united-states-politics-and-government, #voter-registration-and-requirements

Bucking the Pandemic, Austin Is ‘the Hottest Market in the Country’

The Texas city is a hot spot for commercial real estate investment and a magnet for corporations looking to move to a high-tech hub.

#austin-tex, #coronavirus-2019-ncov, #real-estate-commercial, #real-estate-and-housing-residential, #relocation-of-business

The Union Moved. The Beloved Mosaic Mural Couldn’t.

The architect David Adjaye spurred a painstaking re-creation of a doomed artwork for its new home — and added a homage to the union’s place in social justice history.

#1199-seiu, #adjaye-david, #anton-refregier, #architecture, #art, #black-people, #gresham-george, #miotto-mosaic-art-studios-inc, #miotto-stephen, #murals, #organized-labor, #relocation-of-business, #times-square-and-42nd-street-manhattan-ny

A Letter to My Liberal Friends

If you want to know what worries conservatives, look at California.

#biden-joseph-r-jr, #boudin-chesa, #california, #education-k-12, #infrastructure-public-works, #presidential-election-of-2020, #relocation-of-business, #taxation

Join Us in Miami! Love, Masters of the Universe

Silicon Valley techies and Wall Street titans have bought homes and moved businesses there in the pandemic, coaxed by an eager mayor.

#banking-and-financial-institutions, #blackstone-group-the, #computers-and-the-internet, #coronavirus-2019-ncov, #elliott-management-corp, #entrepreneurship, #miami-fla, #private-equity, #real-estate-and-housing-residential, #relocation-of-business, #start-ups, #suarez-francis-x-1977, #venture-capital

British Auto Industry Risks Slow Decline After Brexit

Lacking a strong domestic battery industry, Britain may be left behind by the shift to electric cars.

#batteries, #bayerische-motorenwerke-ag, #electric-and-hybrid-vehicles, #european-union, #factories-and-manufacturing, #fiat-chrysler-automobiles-nv, #great-britain, #great-britain-withdrawal-from-eu-brexit, #honda-motor-co-ltd, #jaguar-land-rover, #lotus-cars-ltd, #mini-division-of-bayerische-motorenwerke-ag, #nissan-motor-co, #relocation-of-business

Big Tech Has Failed Us. But There’s Hope.

The chaos of the last two weeks offers an opportunity to rethink the role of technology in our lives.

#entrepreneurship, #facebook-inc, #miami-fla, #relocation-of-business, #social-media, #start-ups, #storming-of-the-us-capitol-jan-2021, #suarez-francis-x-1977

They Can’t Leave the Bay Area Fast Enough

As a tech era draws to an end, more workers and companies are packing up. What comes next?

#atlanta-ga, #austin-tex, #cabo-san-lucas-mexico, #computers-and-the-internet, #facebook-inc, #georgia, #quarantine-life-and-culture, #real-estate-and-housing-residential, #relocation-of-business, #renting-and-leasing-real-estate, #san-juan-puerto-rico, #savannah-ga, #twitter, #work-life-balance

San Francisco’s Tech Workers Make the Big Move

As a tech era draws to an end, more workers and companies are packing up. What comes next?

#atlanta-ga, #austin-tex, #cabo-san-lucas-mexico, #computers-and-the-internet, #facebook-inc, #georgia, #quarantine-life-and-culture, #real-estate-and-housing-residential, #relocation-of-business, #renting-and-leasing-real-estate, #san-juan-puerto-rico, #savannah-ga, #twitter, #work-life-balance

Indian Court Suspends New Farm Laws, in Blow to Modi

The bid to overhaul the troubled agricultural sector had led to huge protests by farmers, who feared the new, market-oriented rules would hurt their livelihoods.

#agriculture-and-farming, #decisions-and-verdicts, #demonstrations-protests-and-riots, #india, #politics-and-government, #relocation-of-business

Silicon Valley Isn’t Over Just Because Tech Companies Are Moving Away

The obituary for California’s tech industry has been written before, and it will be rewritten again and again and again.

#austin-tex, #computers-and-the-internet, #miami-fla, #oracle-corporation, #relocation-of-business, #san-francisco-bay-area-calif, #silicon-valley-calif, #start-ups, #venture-capital